Coastal Surveillance Market Predictable to Witness Dynamic Development by 2028

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Market Size – USD 33.70 Billion in 2020, Market Growth – at a CAGR of 3.1%, Market Trends – Advancements in coastal surveillance technology

The global coastal surveillance market size is expected to reach USD 43.19 Billion at a steady CAGR of 3.1% in 2028, according to latest analysis by Emergen Research. Coastal surveillance systems, through geospatial analytics, assist in detecting asymmetric threats by deploying Artificial Intelligence (AI) to execute real-time data analysis to prevent any such engagements, thereby preventing substantial monetary losses. Also, coastal surveillance systems are capable of tracking and recording any illegal activity and identifying the mothership, and the recorded radar image can be produced in a court of law.

The study aims to provide a forecast of the growth of the coastal surveillance market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis.  The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

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Top Companies Operating in the Coastal Surveillance Market and Profiled in the Report are:

Elbit Systems Ltd., HENSOLDT UK, Thales Group, Indra Sistemas SA, Terma A/S, Frequentis AG, Konsberg Gruppen, Northrop Grumman Corporation, Saab AB, and FLIR Systems.

Objectives of the Report:

  • Study of the global Coastal Surveillance market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Coastal Surveillance market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Coastal Surveillance market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Coastal Surveillance market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

 

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Emergen Research has segmented the global coastal surveillance market on the basis of type, application, end-use, and region:

Type Outlook (Revenue, USD Billion; 2018–2028)

  • Large Scale Coastal Surveillance
  • Moderate Scale Coastal Surveillance

Application Outlook (Revenue, USD Billion; 2018–2028)

  • Maritime Monitoring
  • Intelligence, Surveillance, and Reconnaissance
  • Search Rescue
  • Electronic Warfare
  • Others

End-Use Outlook (Revenue, USD Billion; 2018–2028)

  • Naval
  • Coast Guard
  • Others

In market segmentation by geographical regions, the report has analysed the following regions-       

   North America

   Europe

   Asia-Pacific

   Middle East and Africa

   Latin America    

 

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